Prime Minister Hon. James Marape has extended his congratulations to the Board, management, and workforce of Ok Tedi Mining Ltd (OTML) for achieving a record K1.85 billion in revenue during the first quarter of 2025, delivering K681 million in net profit after tax. “This exceptional result is a testament to what Papua New Guineans can accomplish when e...

Steamships is pleased to announce the appointment of Mr. Emmanuel Auru as the new Group Legal Counsel. With over 16 years of experience across competition law, mergers and acquisitions, banking and finance, and economic regulation, Emmanuel joins Steamships from Westpac (PNG) where he held the position of Head of Legal & Company Secretary. “After a...

The Mineral Resources Development Company (MRDC) is committed to making more investments in Western Province. MRDC managing director and chief executive officer Mr Augustine Mano said investments will be made in sectors that can give a better return. He made the commitment while speaking during the opening of the second CMCA review working committee...

Thirty-five professionals from various testing laboratories across Papua New Guinea have been awarded certificates after successfully completing a fourday training on the International Standard ISO/IEC 17025:2017 – general requirements for the competence of testing and calibration of laboratories. The training was conducted at the Crown Hotel in Port M...

With only three months to go, the Australian and PNG resources industries are gearing up for PNG Industrial and Mining Resources Exhibition and Conference’s long-awaited return. Over two full days, the Stanley Hotel in Port Moresby will be transformed into a hub of networking, thought leadership and professional development. Alongside the crowded ex...

A total of 48 Community Mine Continuation Agreement (CMCA) leaders representing the eight CMCA Regions and the six (6) Mine Area Villages (MAV) of Ok Tedi Mining Limited (OTML) converged in Port Moresby for the CMCA Extension Review Working Group Meeting 2 (WGM2). Five delegates from each CMCA Region—comprising regional representatives, women president...

After 50 years of being rent collectors of our fisheries resources, Papua New Guinea (PNG) will finally have its own cannery which will be constructed starting this year, says the Minister for International Trade and Investment, Hon. Richard Maru. “This new cannery will be developed under a new joint venture (JV) company which will be 50% owned by the ...

South Pacific Metals Corp. is pleased to announce new exploration work programs are underway at the Anga Project, following surface geochemistry targeting results confirming the Irinke Prospect’s priority nature and identifying several new gold prospects extensional to Irinke. Surface sampling will assist with prioritized drill targeting. Cathy Fitzger...

Adyton Resources Corporation is pleased to provide an update on its ongoing drilling activities at its 100% owned Feni Island project. HIGHLIGHTS The first batch of Feni drill samples have been prepared for dispatch to Intertek laboratory. The first barge resupply of fuel and other items at Feni demonstrated the ease of access for resupply by l...

On April 23, 2025, The Centre for Excellence in Financial Inclusion (CEFI) and the Papua New Guinea University of Technology (Unitech) formally signed a Memorandum of Understanding (MoU) to establish a Fintech Incubation Centre at Unitech’s campus in Lae. The new Fintech hub will play an important role in supporting the development and growth of financ...

Prime Minister Hon. James Marape has directed the immediate finalisation of the Community Development Agreement (CDA) for the Porgera Mine, calling on all stakeholders to conclude the process without delay so that long- overdue benefits can begin flowing to landowners and the nation. The CDA forms the final component of the Porgera Project Commencement...

Prime Minister Hon. James Marape has extended his warm congratulations to the people of West New Britain Province on the official groundbreaking of the K51.7 million Hoskins Airport upgrade project under the Civil Aviation Development Investment Project Phase II (CADIP II). The project — valued at K51,703,909.95 — includes asphalt surfacing, terminal b...

Ok Tedi Mining Limited (OTML) is pleased to announce its exceptional performance results for Q1 CY2025, showcasing yet another successful quarter of disciplined operational and financial excellence. OTML is a 100 percent Papua New Guinea (PNG) owned entity with 67 percent direct shareholding by the Independent State of PNG and the people of Western Pro...

Islands Petroleum Charity Colour Run 2025 – We Are One Mark your calendars and join us in spreading colour, unity, and hope across Papua New Guinea! 📅 Event Dates & Locations • 29 June – Takubar Sports Ground, Kokopo @ 7AM • 13 July – Sir Ignatius Kilage Stadium, Lae @ 6AM • 27 July – Sir Hubert Murray Stadium, Port Moresby @ 6AM Thi...

The PNG Customs Service and EastWest Transport (EWT) have signed a Memorandum of Intent (MOI) for the trial implementation of the Trusted Trader Program (TTP) marking a significant step towards securing, streamlining and facilitating legitimate trade in PNG. The MOI was signed at the PNG Customs Headquarters at Waigani last week by Customs Chief Commis...

Steamships and Tininga Ltd have broke ground on joint venture project, Dobel Central, a mixed-use mega mall which will change the economic landscape of Mt Hagen and Western Highlands. The new, state-of the-art 10,000m2 development will play a critical role in driving progress across agriculture, MSMEs, tourism, and other key sectors in the Highlands regio...